KFW DEG

Founded in 2012, Tugende is a Ugandan company that provides finance and business assets to informal sector entrepreneurs and micro, medium, and small-sized enterprises. It offers lease-to-own financing for income-generating assets such as motorcycles (bodas), taxis, matatus, boat engines, and other equipment like smartphones, salon gear, shop fridges, and sewing machines. Tugende also provides value-added services including insurance, safety training, GPS tracking, and genuine parts.

Liquid Intelligent Technologies is a provider of digital infrastructure in Africa, delivering data, voice, and IP services through a nationwide fiber and satellite network. It operates an extensive fiber backbone spanning about 18,000 kilometers across Uganda, Kenya, Rwanda, Zambia, Zimbabwe, Botswana, the Democratic Republic of the Congo, Lesotho, and South Africa, enabling high-speed internet access for public and private sector enterprises and supporting the digital journey. Founded in 2004 and headquartered in Ebène, Mauritius, the company serves as a key connectivity partner across the continent.

Awamo GmbH, headquartered in Frankfurt, Germany, specializes in providing a cloud-based microcredit management solution for microfinance institutions operating in emerging markets, primarily sub-Saharan Africa. Their platform offers biometric identification/authentication, digitizing credit management, risk management, and portfolio management processes, making it mobile-friendly and affordable for users. Currently serving over 300 institutions with around 450,000 consumers in Uganda and Kenya, Awamo processes approximately 150,000 transactions monthly, totaling about €7 million. The company aims to connect more institutions and consumers, fostering economic growth by facilitating the sale of partner products and services through its platform.